Podcast
Questions and Answers
What is the main objective of Rotating Savings and Credit Associations (ROSCAs) in developing countries?
What is the main objective of Rotating Savings and Credit Associations (ROSCAs) in developing countries?
- To invest in agricultural technology
- To promote subsistence farming practices
- To provide interest-free loans to members on a rotating basis (correct)
- To pool resources for large-scale farming
What is the primary focus of medium-size farms in developing countries?
What is the primary focus of medium-size farms in developing countries?
- Shifting cultivation on large plots of land
- Growing cash crops entirely for the market (correct)
- Providing interest-free loans to members
- Subsistence farming for local consumption
What is the primary challenge facing agriculture in Africa, according to the text?
What is the primary challenge facing agriculture in Africa, according to the text?
- Low productivity due to traditional tools and techniques (correct)
- Limited access to credit for farmers
- Land scarcity due to urbanization
- Decline in cash crop prices
How has population growth impacted agriculture in Africa, according to the text?
How has population growth impacted agriculture in Africa, according to the text?
What is the dominant type of farming practiced in Africa, according to the text?
What is the dominant type of farming practiced in Africa, according to the text?
What is the primary purpose of medium-size farms in developing countries?
What is the primary purpose of medium-size farms in developing countries?
What is the characteristic feature of Rotating Savings and Credit Associations (ROSCAs)?
What is the characteristic feature of Rotating Savings and Credit Associations (ROSCAs)?
What is the impact of population growth on agriculture in Africa?
What is the impact of population growth on agriculture in Africa?
What is the dominant farming practice in Africa?
What is the dominant farming practice in Africa?
What is a common feature of agriculture in Africa?
What is a common feature of agriculture in Africa?
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